qrs limited Company Information
Company Number
04818003
Website
www.qrs-research.co.ukRegistered Address
the old council chambers, halford street, tamworth, staffordshire, B79 7RB
Industry
Other business support service activities n.e.c.
Telephone
441707331332
Next Accounts Due
September 2025
Group Structure
View All
Directors
Rebecca Wood5 Years
Shareholders
rebecca wood 100%
qrs limited Estimated Valuation
Pomanda estimates the enterprise value of QRS LIMITED at £1.2m based on a Turnover of £2.1m and 0.58x industry multiple (adjusted for size and gross margin).
qrs limited Estimated Valuation
Pomanda estimates the enterprise value of QRS LIMITED at £186.2k based on an EBITDA of £41.8k and a 4.45x industry multiple (adjusted for size and gross margin).
qrs limited Estimated Valuation
Pomanda estimates the enterprise value of QRS LIMITED at £474.9k based on Net Assets of £185.1k and 2.57x industry multiple (adjusted for liquidity).
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Qrs Limited Overview
Qrs Limited is a live company located in tamworth, B79 7RB with a Companies House number of 04818003. It operates in the other business support service activities n.e.c. sector, SIC Code 82990. Founded in July 2003, it's largest shareholder is rebecca wood with a 100% stake. Qrs Limited is a mature, small sized company, Pomanda has estimated its turnover at £2.1m with rapid growth in recent years.
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Qrs Limited Health Check
Pomanda's financial health check has awarded Qrs Limited a 2.5 rating. We use a traffic light system to show it exceeds the industry average on 2 measures and has 6 areas for improvement. Company Health Check FAQs
2 Strong
3 Regular
6 Weak
Size
annual sales of £2.1m, make it smaller than the average company (£4.4m)
- Qrs Limited
£4.4m - Industry AVG
Growth
3 year (CAGR) sales growth of 42%, show it is growing at a faster rate (6.3%)
- Qrs Limited
6.3% - Industry AVG
Production
with a gross margin of 37.6%, this company has a comparable cost of product (37.6%)
- Qrs Limited
37.6% - Industry AVG
Profitability
an operating margin of 1.9% make it less profitable than the average company (5.7%)
- Qrs Limited
5.7% - Industry AVG
Employees
with 18 employees, this is below the industry average (26)
18 - Qrs Limited
26 - Industry AVG
Pay Structure
on an average salary of £51.9k, the company has an equivalent pay structure (£51.9k)
- Qrs Limited
£51.9k - Industry AVG
Efficiency
resulting in sales per employee of £114.3k, this is less efficient (£165k)
- Qrs Limited
£165k - Industry AVG
Debtor Days
it gets paid by customers after 48 days, this is near the average (40 days)
- Qrs Limited
40 days - Industry AVG
Creditor Days
its suppliers are paid after 20 days, this is quicker than average (31 days)
- Qrs Limited
31 days - Industry AVG
Stock Days
There is insufficient data available for this Key Performance Indicator!
- Qrs Limited
- - Industry AVG
Cash Balance
has cash to cover current liabilities for 10 weeks, this is less cash available to meet short term requirements (24 weeks)
10 weeks - Qrs Limited
24 weeks - Industry AVG
Debt Level
it has a ratio of liabilities to total assets of 42.6%, this is a lower level of debt than the average (61.7%)
42.6% - Qrs Limited
61.7% - Industry AVG
QRS LIMITED financials
Qrs Limited's latest turnover from December 2023 is estimated at £2.1 million and the company has net assets of £185.1 thousand. According to their latest financial statements, Qrs Limited has 18 employees and maintains cash reserves of £27.5 thousand as reported in the balance sheet.
Data source: Companies House, Pomanda Estimates
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Turnover | |||||||||||||||
Other Income Or Grants | |||||||||||||||
Cost Of Sales | |||||||||||||||
Gross Profit | |||||||||||||||
Admin Expenses | |||||||||||||||
Operating Profit | |||||||||||||||
Interest Payable | |||||||||||||||
Interest Receivable | |||||||||||||||
Pre-Tax Profit | |||||||||||||||
Tax | |||||||||||||||
Profit After Tax | |||||||||||||||
Dividends Paid | |||||||||||||||
Retained Profit | |||||||||||||||
Employee Costs | |||||||||||||||
Number Of Employees | 18 | 18 | 11 | 11 | 13 | 12 | 27 | 26 | |||||||
EBITDA* |
* Earnings Before Interest, Tax, Depreciation and Amortisation
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Tangible Assets | 7,777 | 5,471 | 6,407 | 8,249 | 10,443 | 12,381 | 14,873 | 14,194 | 13,536 | 5,499 | 4,300 | 5,596 | 8,740 | 10,064 | 14,084 |
Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments & Other | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors (Due After 1 year) | 0 | 0 | 0 | 2,918 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total Fixed Assets | 7,777 | 5,471 | 6,407 | 11,167 | 10,443 | 12,381 | 14,873 | 14,194 | 13,536 | 5,499 | 4,300 | 5,596 | 8,740 | 10,064 | 14,084 |
Stock & work in progress | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Debtors | 273,556 | 405,649 | 89,535 | 65,948 | 119,518 | 98,637 | 431,944 | 234,531 | 243,289 | 353,045 | 470,724 | 808,592 | 421,401 | 649,046 | 1,636,898 |
Group Debtors | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Misc Debtors | 13,812 | 4,083 | 342 | 0 | 17,284 | 10,049 | 11,365 | 6,610 | 5,677 | 0 | 0 | 0 | 84,215 | 971 | 10,335 |
Cash | 27,546 | 40,966 | 61,455 | 44,734 | 58,323 | 434,403 | 65,353 | 10,737 | 7,678 | 1,642 | 847 | 4,585 | 309 | 3,306 | 644 |
misc current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
total current assets | 314,914 | 450,698 | 151,332 | 110,682 | 195,125 | 543,089 | 508,662 | 251,878 | 256,644 | 354,687 | 471,571 | 813,177 | 505,925 | 653,323 | 1,647,877 |
total assets | 322,691 | 456,169 | 157,739 | 121,849 | 205,568 | 555,470 | 523,535 | 266,072 | 270,180 | 360,186 | 475,871 | 818,773 | 514,665 | 663,387 | 1,661,961 |
Bank overdraft | 2,203 | 6,000 | 6,000 | 5,455 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Bank loan | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Trade Creditors | 73,630 | 170,226 | 38,863 | 4,974 | 105,246 | 18,120 | 102,669 | 69,460 | 36,979 | 292,004 | 465,686 | 848,014 | 510,782 | 626,820 | 1,562,580 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 74 | 38 |
other short term finances | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other current liabilities | 59,637 | 109,511 | 29,505 | 29,810 | 41,156 | 77,793 | 116,027 | 84,614 | 147,830 | 0 | 0 | 0 | 0 | 0 | 0 |
total current liabilities | 135,470 | 285,737 | 74,368 | 40,239 | 146,402 | 95,913 | 218,696 | 154,074 | 184,809 | 292,004 | 465,686 | 848,014 | 510,782 | 626,894 | 1,562,618 |
loans | 0 | 14,500 | 20,500 | 24,546 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
hp & lease commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Accruals and Deferred Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
provisions | 2,080 | 1,128 | 1,183 | 1,476 | 1,873 | 2,217 | 2,660 | 2,626 | 2,446 | 782 | 473 | 648 | 930 | 1,041 | 1,617 |
total long term liabilities | 2,080 | 15,628 | 21,683 | 26,022 | 1,873 | 2,217 | 2,660 | 2,626 | 2,446 | 782 | 473 | 648 | 930 | 1,041 | 1,617 |
total liabilities | 137,550 | 301,365 | 96,051 | 66,261 | 148,275 | 98,130 | 221,356 | 156,700 | 187,255 | 292,786 | 466,159 | 848,662 | 511,712 | 627,935 | 1,564,235 |
net assets | 185,141 | 154,804 | 61,688 | 55,588 | 57,293 | 457,340 | 302,179 | 109,372 | 82,925 | 67,400 | 9,712 | -29,889 | 2,953 | 35,452 | 97,726 |
total shareholders funds | 185,141 | 154,804 | 61,688 | 55,588 | 57,293 | 457,340 | 302,179 | 109,372 | 82,925 | 67,400 | 9,712 | -29,889 | 2,953 | 35,452 | 97,726 |
Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Dec 2016 | Dec 2015 | Dec 2014 | Dec 2013 | Dec 2012 | Dec 2011 | Dec 2010 | Dec 2009 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||
Operating Profit | |||||||||||||||
Depreciation | 1,824 | 1,216 | 1,276 | 2,194 | 2,846 | 3,252 | 3,077 | 3,056 | 1,833 | 1,420 | 1,653 | 2,404 | 3,258 | 3,751 | 3,695 |
Amortisation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Tax | |||||||||||||||
Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Debtors | -122,364 | 319,855 | 21,011 | -67,936 | 28,116 | -334,623 | 202,168 | -7,825 | -104,079 | -117,679 | -337,868 | 302,976 | -144,401 | -997,216 | 1,647,233 |
Creditors | -96,596 | 131,363 | 33,889 | -100,272 | 87,126 | -84,549 | 33,209 | 32,481 | -255,025 | -173,682 | -382,328 | 337,232 | -116,038 | -935,760 | 1,562,580 |
Accruals and Deferred Income | -49,874 | 80,006 | -305 | -11,346 | -36,637 | -38,234 | 31,413 | -63,216 | 147,830 | 0 | 0 | 0 | 0 | 0 | 0 |
Deferred Taxes & Provisions | 952 | -55 | -293 | -397 | -344 | -443 | 34 | 180 | 1,664 | 309 | -175 | -282 | -111 | -576 | 1,617 |
Cash flow from operations | |||||||||||||||
Investing Activities | |||||||||||||||
capital expenditure | |||||||||||||||
Change in Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
cash flow from investments | |||||||||||||||
Financing Activities | |||||||||||||||
Bank loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Group/Directors Accounts | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -74 | 36 | 38 |
Other Short Term Loans | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term loans | -14,500 | -6,000 | -4,046 | 24,546 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Hire Purchase and Lease Commitments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
other long term liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
share issue | |||||||||||||||
interest | |||||||||||||||
cash flow from financing | |||||||||||||||
cash and cash equivalents | |||||||||||||||
cash | -13,420 | -20,489 | 16,721 | -13,589 | -376,080 | 369,050 | 54,616 | 3,059 | 6,036 | 795 | -3,738 | 4,276 | -2,997 | 2,662 | 644 |
overdraft | -3,797 | 0 | 545 | 5,455 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
change in cash | -9,623 | -20,489 | 16,176 | -19,044 | -376,080 | 369,050 | 54,616 | 3,059 | 6,036 | 795 | -3,738 | 4,276 | -2,997 | 2,662 | 644 |
qrs limited Credit Report and Business Information
Qrs Limited Competitor Analysis
Perform a competitor analysis for qrs limited by selecting its closest rivals, whether from the ADMINISTRATIVE AND SUPPORT SERVICE ACTIVITIES sector, other small companies, companies in B79 area or any other competitors across 12 key performance metrics.
qrs limited Ownership
QRS LIMITED group structure
Qrs Limited has no subsidiary companies.
Ultimate parent company
QRS LIMITED
04818003
qrs limited directors
Qrs Limited currently has 1 director, Mrs Rebecca Wood serving since Mar 2019.
officer | country | age | start | end | role |
---|---|---|---|---|---|
Mrs Rebecca Wood | England | 43 years | Mar 2019 | - | Director |
P&L
December 2023turnover
2.1m
-19%
operating profit
40k
0%
gross margin
37.6%
-3.02%
turnover
Turnover, or revenue, is the amount of sales generated by a company within the financial year.
Balance Sheet
December 2023net assets
185.1k
+0.2%
total assets
322.7k
-0.29%
cash
27.5k
-0.33%
net assets
Total assets minus all liabilities
qrs limited company details
company number
04818003
Type
Private limited with Share Capital
industry
82990 - Other business support service activities n.e.c.
incorporation date
July 2003
age
21
incorporated
UK
ultimate parent company
accounts
Total Exemption Full
last accounts submitted
December 2023
previous names
N/A
accountant
PHILIP BARNES & CO LIMITED
auditor
-
address
the old council chambers, halford street, tamworth, staffordshire, B79 7RB
Bank
-
Legal Advisor
-
qrs limited Charges & Mortgages
A charge, or mortgage, refers to the rights a company gives to a lender in return for a loan, often in the form of security given over business assets.
We did not find charges/mortgages relating to qrs limited.
qrs limited Companies House Filings - See Documents
date | description | view/download |
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